Posts Tagged ‘Debt Crisis’

WSJ: Debt Politics Make Euro Trading More Political Then Economic

“In terms of relative fundamentals between the U.S. and Europe, it’s clear to me the euro should be quite lower,” said Stephen Jen, founder of SLJ Macro Partners LLP in London. Jen estimates that perhaps as much as 80% of the euro’s price movements are due to political factors. [...] Read more of this news item